16, ROSEVALE ESTATE, PENZANCE, TR18 4NF - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 ROSEVALE ESTATE is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £431,126. It was last sold for £275,000 in September 2011, which was around 1% below the average September 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

16 ROSEVALE ESTATE Sold Prices

Land registry data shows two sales for 16 ROSEVALE ESTATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 16 ROSEVALE ESTATE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 30 SEP	£275,000	£278,894	1% below HPI
2009 20 MAR	£230,000	£257,809	11% below HPI

16 ROSEVALE ESTATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 16 ROSEVALE ESTATE sales from March 2009 and September 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2011 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 16 ROSEVALE ESTATE be worth now?

16 ROSEVALE ESTATE might now be worth an estimated £431,126.

This is based on house price inflation of 56.8%, between September 2011 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.8% inflationary increase is applied to the most recent sale price for 16 ROSEVALE ESTATE of £275,000 on 30th September 2011. For the value to have increased from £275,000 to £431,126 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 ROSEVALE ESTATE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2011 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ROSEVALE ESTATE has not materially changed since September 2011.

How Large is 16 ROSEVALE ESTATE?

16 ROSEVALE ESTATE is 76m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penzance, and where 16 ROSEVALE ESTATE lies on this distribution: 19% of detached houses houses are smaller than 16 ROSEVALE ESTATE, and 81% of houses are larger. Note that EPC data is not available for all properties in Penzance.

16 ROSEVALE ESTATE: Plot and Title Map

16 ROSEVALE ESTATE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 16 ROSEVALE ESTATE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 ROSEVALE ESTATE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 ROSEVALE ESTATE?

16 ROSEVALE ESTATE is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 16 on ROSEVALE ESTATE.